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Rare opportunity to own a freestanding mixed-use commercial building on the corner of Mississaga Street East and Matchedash Street South, in the heart of downtown Orillia's Business District. Approximately 6, 908 finished square feet across seven units , zoned C1. Fully tenanted with a diversified mix that includes a cafe, a clothing boutique, a pilates studio, a jewelry store, and an interior design firm, plus two long-tenured residential units. Stabilized income with no single-sector concentration and no vacancy to manage at acquisition. The building occupies one of downtown Orillia's most active commercial corners, with frontage on both Mississaga Street East (the city's main commercial corridor) and Matchedash Street South. Foot traffic is strong year-round, anchored by the surrounding mix of restaurants, retail, professional services, and the steady reinvestment that has shifted downtown Orillia's market over the past decade. The asset suits three buyer profiles: an income investor seeking stabilized cash flow in a growing Ontario market, an owner-occupier looking to operate one unit while collecting income from the others, or a long-term holder positioning for appreciation as the downtown core continues to grow. Within walking distance of Lake Couchiching, Couchiching Beach Park, and recent residential developments, Matchedash Lofts, Sunshine Harbour, Orillia Fresh Towns, and Elgin Bay Club - all part of a city projected to grow 26 percent by 2031, with downtown reinvestment and foot traffic growing alongside it. The full financial package is available to qualified buyers under a standard confidentiality agreement. (id:58753)
Mississaga/Matchedash
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Orillia, ON area.
94/100
Walker's Paradise
Walk Score ®
0/100
Minimal Transit
Transit Score ®
64/100
Bikable
Bike Score ®
Daily errands do not require a car. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.
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5 bds • 3 ba • sqft
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4 bds • 3 ba • sqft
4486 FERN RESORT ROAD
Source: Realty.com
161 165 MISSISSAGA STREET E, Orillia, ON L3V1V8 in Orillia, ON L3V1V8 is a other listed at $2,195,000. Highlights include 9,222 sq. ft., $238 per sq. ft.. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 38 photos of 161 165 MISSISSAGA STREET E.
The full address for this home is 161 165 MISSISSAGA STREET E, Orillia, ON L3V1V8.
161 165 MISSISSAGA STREET E has been listed on Realty.com since Fri May 29, 2026
Daily errands do not require a car. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.
Listing provided courtesy of:
REAL BROKER ONTARIO LTD.
Listing agent:
RYAN MEGSON
This content last refreshed on 2026-06-08 09:39:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.